Too Many Mortgage Insurers, Not Enough Loans, Says MGIC’s CEO

National Mortgage News, June 3, 2016–Finkelstein, Brad; Passy, Jacob

This mortgage insurance market ain’t big enough for all seven of us. So says Patrick Sinks, CEO of MGIC Investment Corp., which has seen its market share chipped away by smaller, newer underwriters created after the housing crisis.

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